In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions increased 0.3%. Owner occupied housing commitments rose 1.0%, which was partially offset by a fall in investment housing commitments, down 1.8%.

NUMBER OF DWELLING COMMITMENTS

June 2009 compared with May 2009:

In trend terms, the number of commitments for owner occupied housing finance increased 1.4%.

In trend terms, the number of commitments for the construction of dwellings increased 4.0% and the number of commitments for the purchase of new dwellings increased 0.9%.

In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell, decreasing from 28.5% in May 2009 to 27.1% in June 2009.

In original terms, the number of fixed rate loan commitments as a percentage of total owner occupied housing finance commitments increased from 6.2% in May 2009 to 8.0% in June 2009.

NOTES

FORTHCOMING ISSUES

ISSUE

Release Date

July 2009

9 September 2009

August 2009

7 October 2009

September 2009

9 November 2009

October 2009

9 December 2009

November 2009

12 January 2010

December 2009

10 February 2010

REVISIONS

Revisions were made to the original series from September 2008 to May 2009 in this issue. Seasonally adjusted and trend series have been revised as a result of revisions to the original series and the incorporation of estimates for the latest month.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.

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